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Conversational AI Data and Powerful Customer Insights

By Mandy Reed, Global Head of Marketing

These days it can be easy to feel like we’re in a constant state of information overload. The 24-hour news cycle combined with social media and the ability to Google anything always at our fingertips makes it difficult to escape the relentless barrage of information. This can also make it difficult to discern what information is genuinely important and worthy of our time.

The same is true when it comes to your organisation’s customer experience (CX). There is information floating around everywhere on customer behaviours, preferences, and sentiments. However, it can be a struggle to gather and identify the customer insights that are meaningful and most important for your CX strategy.

In fact, Gartner analyst Augie Ray identified ‘looking in the wrong places for customer insight’ as one of the key mistakes that kill CX programmes in their infancy. He points out that you can’t expect customer-centric results from a strategy that is not based on real customer insight and understanding. Likewise, you won’t be able to measure the impact of your programme if you aren’t gathering and analysing customer feedback, sentiment, and experiences.

Conversational AI is growing in popularity among businesses and their customers because of the positive self-service experience high-quality virtual agents and chatbots are delivering. However, organisations should never overlook the added benefits they gain by analysing the conversational data these tools can collect.

In a chatbot vendor selection guide, conversational AI expert Ridhi Mathur explains:

“In this era of data, a sophisticated virtual agent can play a very significant role for many businesses. The conversational data collected is very rich. It can be analysed and mined to understand your customers’ views, identify developing trends and make informed predictions, which can in turn contribute to areas such as product or service innovations and marketing.”

As you are developing your CX programme and selecting tools, be sure to keep this in mind. You want to implement a conversational AI solution that is not only built based on a deep understanding of your customers but will enable you to gather valuable customer data as well. You also want to ensure that you are properly analysing that data to assist with ongoing improvements to your CX and inform other areas of your business, such as product development and marketing programmes.

The customer insights that can be provided by chatbots and virtual agents are too beneficial to overlook when you are selecting a technology to implement. Consider this as you are reviewing conversational AI pricing options. Purchasing a chatbot without the right tools for data collection and reporting functionality never pays off, no matter how much money you might think you are saving. It is also key to work with a provider that has the expertise to assist you with mining and analysing the conversational data to maximise your benefit.

If you need some help cutting through the information overload when it comes to selecting a conversational AI vendor, check out the ISG Provider Lens™ Intelligent Automation – Solutions & Services. This report provides an independent, market-driven evaluation of the industry and comparison of 19 conversational AI providers.

Selecting the Right Conversational AI Vendor Makes All the Difference

By Chris Ezekiel, Founder & CEO

It’s been a tough year for every organisation and one that created a renewed, and often urgent, push for digital transformation projects. In their new ISG Provider Lens™ Intelligent Automation – Solutions and Services study, the experts at ISG found that the market for conversational AI has shown a steady growth over that time. This and other intelligent automation technologies are helping enterprises optimise costs and productivity while also enabling them to stay prepared for the future.

With conversational AI now at the forefront of many digital experience strategies, ISG evaluated 19 vendors based on the depth of their service offerings and market presence. I’m very proud that Creative Virtual is a Leader in Conversational AI, surpassing all other vendors with our company’s competitive strengths! The analysts at ISG found Creative Virtual to be a Leader based on our comprehensive solution portfolio and industry experience, emphasizing our long history of developing and delivering conversational AI solutions that provide real results.

Conversational AI

When it comes to implementing conversational AI tools to support your customers, employees, and contact centre agents, selecting the right vendor makes all the difference. This doesn’t just mean the technology; you must also consider the experience and expertise of the vendor’s team. It is the combination of these two factors that will set your project up for success.

I’ve talked before about how much the virtual agent and chatbot space has changed since I founded Creative Virtual in late 2003. What hasn’t changed over that time is Creative Virtual’s commitment to delivering the best combination of innovative technology and expert consultation and guidance to our customers. We strive to become a trusted partner to each of our customers, getting to know their organisation and specific goals in order to deliver customised solutions. We also use these close relationships to gather input for our R&D roadmap to ensure we continue to innovate in a way that will help companies tackle their real challenges and deliver real results, now and in the future. This is what allows Creative Virtual to be a conversational AI Leader today.

In our Leader profile in this ISG report, the analysts note: “Creative Virtual is a well-known and established brand for AI-enabled client support”. In fact, our very first enterprise-level customer is still a customer today, working with us continuously for over 17 years now. We also have several other organisations that we’ve been able to count as customers for at least 10 years. That level of experience and long-term collaboration is rare among vendors in today’s crowded conversational AI market, but extremely valuable.

The ISG Provider Lens™ is a great resource for anyone involved with selecting a conversational AI vendor to begin a new project or replace an existing, poor performing one. It provides:

  • An overview of the Intelligent Automation Solutions and Services market
  • Comparisons of conversational AI provider strengths, challenges, and competitive differentiators
  • Analysis of Creative Virtual’s product capabilities, industry expertise, and strategic partnerships

You can download a copy of the ISG Provider Lens™ Quadrant Report here. Our team would also love to show you our technology in action, and you can request a personalised demo here.

Congratulations to the Creative Virtual team on our recognition as a conversational AI Leader in this independent ISG report!